Fayette, OH Foreclosures
How much do homes sell for in Fayette, OH?
The average home price is currently $182,573.
In Fayette, OH, how many homes are available?
There are currently 1 active home listings available in Fayette.
What’s the average rental cost in Fayette, OH?
The average rental price in Fayette is $1,079.
What is the most expensive home in Fayette?
The most expensive home sold in Fayette had a price of $3,841,696.
What is currently the cheapest priced home in Fayette, OH?
The cheapest home for sale in Fayette is priced at $10,013.
Living in Fayette, OH
Fayette, Ohio, is a quaint rural village that boasts a close-knit community and serene lifestyle. With a strong focus on family and traditional values, it offers residents a peaceful retreat from the hustle and bustle of city life. Fayette is well-connected to nearby amenities while preserving its small-town charm.
Current Market Conditions in Fayette, OH
Currently, Fayette's real estate market is showing signs of stability, with a steady demand for affordable housing options. As more people seek quieter living environments post-pandemic, Fayette has seen an increase in interest from home buyers looking for spacious homes with outdoor areas. The market is trending towards more modestly priced properties, with the average home selling for a competitive price. Real estate agents in the area report that homes do not stay on the market long, especially those that are well-maintained and updated.
Many buyers are attracted to Fayette for its low cost of living, attractive community feel, and the quality of life it offers. With continued interest from families and retirees, the local real estate trends are forecasted to remain positive as more individuals explore rural living options.
Home Value Estimator For Fayette, OH
There are currently 901 real estate properties
in Fayette, OH,
with a median automated valuation model (AVM) price
of $141,803.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fayette, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fayette, OH,
is $182,573.00, with the most expensive house
in Fayette, OH, topping out
at $3,841,696.00 and the cheapest home
in Fayette, OH,
clocking in at $10,013.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fayette, OH!
Rent Prices
In Fayette, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fayette, OH, is on
a rollercoaster ride. The
average rent price in Fayette, OH,
is $1,079.00. Indeed, when looking to rent in
Fayette, OH, you can expect to pay as little
as $630.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Fayette, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.